Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its stake in shares of Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) by 3.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,016 shares of the company’s stock after acquiring an additional 2,249 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.16% of Invesco High Yield Equity Dividend Achievers ETF worth $1,428,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 6.9% during the second quarter. RPg Family Wealth Advisory LLC now owns 55,852 shares of the company’s stock valued at $1,013,000 after acquiring an additional 3,598 shares in the last quarter. LPL Financial LLC increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 8.7% during the second quarter. LPL Financial LLC now owns 323,040 shares of the company’s stock valued at $5,860,000 after acquiring an additional 25,781 shares in the last quarter. NEXT Financial Group Inc increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 1,256.6% during the second quarter. NEXT Financial Group Inc now owns 55,551 shares of the company’s stock valued at $1,008,000 after acquiring an additional 51,456 shares in the last quarter. Atria Investments LLC acquired a new position in shares of Invesco High Yield Equity Dividend Achievers ETF during the second quarter valued at about $322,000. Finally, Advisor Group Inc. increased its holdings in shares of Invesco High Yield Equity Dividend Achievers ETF by 9.5% during the second quarter. Advisor Group Inc. now owns 69,030 shares of the company’s stock valued at $1,253,000 after acquiring an additional 6,000 shares in the last quarter.

Invesco High Yield Equity Dividend Achievers ETF stock opened at $18.45 on Thursday. Invesco High Yield Equity Dividend Achievers ETF has a 12 month low of $15.03 and a 12 month high of $18.66. The stock’s 50 day simple moving average is $18.18 and its two-hundred day simple moving average is $18.01.

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 31st. Shareholders of record on Tuesday, October 22nd were given a $0.065 dividend. This represents a $0.78 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend was Monday, October 21st. This is a positive change from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.06.

Several equities analysts have recently issued reports on PEY shares. Royal Bank of Canada cut their price objective on shares of Invesco High Yield Equity Dividend Achievers ETF from $6.00 to $4.00 in a report on Friday, October 18th. National Bank Financial restated a “sector perform” rating and set a $4.00 price objective on shares of Invesco High Yield Equity Dividend Achievers ETF in a report on Friday, October 18th. Five analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average price target of $6.75.

About Invesco High Yield Equity Dividend Achievers ETF

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.

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Institutional Ownership by Quarter for Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

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